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    1040 12Th St Erie, PA 16501

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    1040 12Th St Erie, PA 16501


    • Warehouses
    • 19,134 SF
    • 0.38 lot acres
    Erie Industrial Flex Space - $640K For Sale
    $640,000
    25,929 SF

    Erie Industrial Flex Space - $640K

    Prime Erie location, 25,929 SF flex space, two buildings.

    1040 12Th St, Erie, PA 16501
    View Listing
    Property ID
    US73-0039089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 1040 12Th St

    Year built
    1979
    Construction
    FRAME
    Lot size
    0.38 lot acres
    Property size
    19,134 SF
    Zone code
    M2
    Property type
    Warehouses
    APN
    16-030-051.0-136.00
    APU
    16030051013600

    Description

    This exceptional commercial property, located at 1040 W 12th Street in Erie, PA, presents a unique investment opportunity. The property encompasses a substantial 25,929 square feet of space, strategically situated on a 0.59-acre lot. Its prime location offers convenient access to I-79, ensuring seamless transportation and logistics. The property comprises two interconnected buildings, separated by a fire-safe door, providing flexibility for various business models. One option is to utilize the entire 25,929 square feet for a single operation, while another is to occupy one building and lease the other for supplemental income. The property boasts two overhead doors and one loading dock, facilitating efficient loading and unloading of goods. Power is abundant, with two 400-amp, 3-phase electrical service panels. Adding to its versatility, the property includes 4,847 square feet of finished office space on the second floor, accessible from the 12th Street side. This space is ideal for administrative functions or executive offices. The property's size, location, and features make it an attractive option for a wide range of businesses seeking a well-equipped and strategically located industrial space in Erie, Pennsylvania. The asking price is $590,000.


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    Location Insight

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    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1036
    Latitude
    42.1157
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,789
    $83,300
    $200,300
    $283,600
    -
    $83,300
    $200,300
    $283,600
    View Listing
    More about this property
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